Sprint Shifts Strategy With New CEO, and More

8/6/2014 3:07PM

What's News: Sprint names billionaire entrepreneur Marcelo Claure its new CEO. Bank of America increases quarterly dividend above a penny for first time in five years. WSJ/NBC poll finds Americans have anxiety about the economy. Joanne Po reports. Photo: AP

This transcript has been automatically generated and may not be 100% accurate.

... changes it's the it's this is what's news I'm WS J lifetime Thailand Co ... St gets a new chief executive replacing Dan Hesse even billionaire entrepreneur Marcello for a ... the carrier says it is shifting its strategy to focus on building the business ... and restoring its subscriber rolls executive teams Kansas free drops its thirty two billion dollars deal to buy rival carrier T Mobile ... in the face of stiff opposition from regulators ... bank of America will raise its quarterly dividend of public penny for the first time in more than five years ... the Federal Reserve getting the pink and green light to increase its dividend to five cents a share the move is a milestone in Bank of America's recovery from the financial crisis ... and it's also a big move for CEO Brian Moynihan ... was been urging shareholders to be patient as bank slims down and paid billions of dollars in legal settlements ... related to the mortgage crisis ... Americans are registering record levels of economic anxiety ... a new Wall Street Journal NBC News poll finds that despite the steady pace of hiring ... in recent months ... seventy six percent of adults lack confidence ... that their children's generation will have better opportunities in big deal ... that's an all-time high ... and what's more seven in ten adults ... when the economic Malays and Washington politicians ... it certainly sets the stage for the midterm elections just a few months away ... for more into follow the stories ate into Des beest live or log onto the beest dot com